The Malta Stock Exchange Index closed down less than a single point on Friday to close the last session of the week at the 3473.532 level in relatively light trading of 38,384 shares in 22 deals.
Shares in the banking firm FIMBank plc, made the biggest moves in the day, closing up 3c, or 3.1 per cent, to close at €1.00 in a single trade of 173 shares.
Bank of Valletta plc, gained 1c, or 0.3 per cent, to close at €3.26 in seven trades for an aggregate of 7,458 shares.
Also in the banking sector, HSBC Bank Malta plc, remained unchanged at €2.90 in a single deal of 1,000 shares.
International Hotel Investments plc, meanwhile, lost 1c, or 1.1 per cent, to end at €0.89 in a single deal of 5,000 shares.
Shares in the local hotel operator, Island Hotels Group Holdings plc, also finished in negative territory, dropping 0c3, or 0.3 per cent, to close at €0.997 in a single trade of 3,000 shares.
Other shares to trade in the session yet failed to register a change in their closing prices were GO plc, which finished at €1.90, MaltaPost plc which ended at €0.82, and Malta International Airport plc, which closed at €1.58 in six deals for a total of 13,753 shares.
Before the beginning of the session on Friday, GlobalCapital plc announced that its board of directors is scheduled to meet on 26 August 2010 to consider and approve the company’s interim results for the period ended 30 June 2010.
Trading in the corporate bond market was almost non-existent yesterday as only a single corporate issue traded on the day. The 6.00% Gasan Finance 2014-2016 was up by 1c, to finish at €101.88, in a single trade of 5,000 shares.
Trading in the government stock market, meanwhile, was relatively brisk as €520,975 nominal were traded across 19 deals in eight government stocks as all, but one issue, ended the session in positive territory. The 5.20% MGS 2020 I issue experienced the biggest move, gaining €0.64, or 0.6 per cent, to close at €110.37 in a single deal of €11,647 nominal. Other government stocks to make moves on the day were the 5.10% MGS 2022 I issue, which gained €0.24, or 0.2 per cent, to close at €109.57 in three trades of €37,271 nominal, while the 7.8% MGS 2012 I issue closed €0.15, or 0.1 per cent lower, to close at €110.30 in a single deal of €5,591 nominal.
This article has been prepared by Bank of Valletta p.l.c. (the Bank) for your general information only and is not intended to address your particular requirements. This information is not a solicitation or offer by the Bank to acquire or sell securities. Nor does it constitute any form of advice or recommendation by the Bank. Appropriate independent advice should be obtained before making any such decision. The price of investments can go down as well as up, and investors may not get back the amount they invested. Past performance is not necessarily a guide to future performance.
Bank of Valletta p.lc. is licensed to conduct investment services business by the MFSA. Bonds and shares may be purchased and sold from any BOV branch. Further details may be obtained by contacting us on Tel. 2131 2020 or email: [email protected]